A Moving to another question will save this response, Question 1 Interest expense on an interest-bearing note is always equal to zero. only recorded at maturity when the note is paid only recorded at the time the note is issued. accrued over the life of the note. Moving to another question will save this response IS > A Moving to another question will save this response. Question 2 Sales taxes collected by the retailer are recorded as a[n) liability asset expense. revenue IUS Moving to another question will save this response D